Milan: Ferrari falls
(Teleborsa) - Negative trading results for Ferrari as it declines -1.9%.The weekly analysis of the security and the FTSE MIB shows Ferrari losing relative strength against the index.
The medium-term analysis confirms Ferrari's positive trend, while the short-term chart shows the beginning of a decline as the stock tests resistance at 391.2. First support is seen at 383.3. Technically, we expect a downward development towards the low of 380.2 in the near term.
These analyses are to be considered solely for information purposes and are not in any way intended to constitute financial advice, a solicitation of funds from the public or the promotion of any form of investment.
(Teleborsa Research Department)
(Foto: Hanson Lu on Unsplash)
(Teleborsa) 07-16-2024 09:35 AM